POC Medical Imaging Market on Track for Strong Growth, Estimated to Grow at 5.2% CAGR Through 2029

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What Is the Expected CAGR for the POC Medical Imaging Market Through 2025?
The medical imaging point-of-care (poc) market has experienced consistent expansion lately, projected to increase from its 2024 valuation of $1.41 billion to $1.46 billion by 2025, reflecting a compound annual growth rate (CAGR) of 3.6%. This historical growth trajectory stems from several contributing factors, notably enhanced accessibility in remote and medically underserved locales, a growing incidence of long-term illnesses, better infrastructure for connection and movement, the upswing in telehealth services and patient consultations conducted remotely, alongside targeted efforts and programs sponsored by governmental bodies.

What's the Projected Size of the Global POC Medical Imaging Market by 2029?
The point-of-care (poc) medical imaging market is projected to experience robust expansion across the upcoming years, culminating in a market valuation of $1.79 billion by 2029, reflecting a compound annual growth rate (CAGR) of 5.2%; this ascending trajectory is fueled by the introduction of new imaging techniques, increased capital allocated to research efforts, the proliferation of tailored and precise medical treatments, advancements in untethered communication capabilities, and an intensified concentration on swift diagnostic procedures. Key developments shaping this market over the projection timeframe encompass the integration of artificial intelligence for analysis and interpretation, the rise of distanced patient oversight and virtual healthcare delivery, an emphasis on achieving value efficiency, the widening scope of testing conducted at the patient's location, and the engineering of equipment capable of interfacing directly with mobile phones.

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Top Growth Drivers in the POC Medical Imaging Industry: What's Accelerating the Market?
The increasing incidence of long-term illnesses is projected to fuel the expansion of the market for point-of-care medical imaging in the future.Chronic disease prevalence signifies the fraction or count of people in a community suffering from persistent health issues at a specific moment, a trend influenced by elements such as lifestyle decisions, inherent genetic risks, external environmental influences, and the advancing age of the populace.Medical imaging conducted at the point of care facilitates the management of these chronic conditions by furnishing necessary diagnostic insights promptly and locally, which assists practitioners in observing how the illness develops and making informed choices regarding care plans.To illustrate this impact, the World Health Organization, headquartered in Switzerland as an international body focused on public health, disclosed in September 2022 that chronic ailments accounted for three-quarters (74%) of all worldwide fatalities.Annually, approximately seventeen million individuals succumb to chronic diseases before reaching seventy years of age, with a striking eighty-six percent of these premature deaths occurring in nations categorized as low- or middle-income.Furthermore, projections indicate that chronic diseases will escalate to involve 70% of the population, consequently increasing the overall worldwide burden of disease to 56% by the year 2030.Consequently, this escalating rate of chronic disease occurrence acts as a catalyst for the forthcoming growth within the domain of point-of-care medical imaging solutions.

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What Trends Will Shape the POC Medical Imaging Market Through 2029 and Beyond?
Leading enterprises within the point-of-care (POC) medical imaging sector are concentrating their efforts on innovating sophisticated offerings, specifically state-of-the-art imaging apparatus, with the goals of achieving superior diagnostic precision, streamlining operational processes, and providing immediate findings right where the patient is receiving care to ultimately boost recovery prospects. These sophisticated imaging tools represent pioneering advancements tailored to generate detailed diagnostic visuals with speed and efficacy, thereby empowering medical practitioners to render well-founded judgments immediately at the patient's location. Illustratively, in June of 2022, Mindray, a medical equipment provider headquartered in China, introduced its TEX20 Series; this particular line of devices is engineered to deliver top-tier image quality coupled with increased mobility, positioning it perfectly for deployment across numerous medical settings. Through the fusion of sophisticated imaging capabilities and intuitive usability characteristics, the TEX20 intends to raise the benchmark for POC medical imaging, allowing clinicians to administer responsive and high-caliber patient management across various scenarios.

What Are the Main Segments in the POC Medical Imaging Market?
The poc medical imagingmarket covered in this report is segmented -

1) By Product: X-Ray; CT; Ultrasound
2) By Application: Cardiology; Gynecology Or Obstetrics; Oncology; Orthopedics; Neurology; Other Applications
3) By End-User: Hospitals; Clinics and Diagnostic Centers; Ambulatory Surgical Centers (ASCs); Home Care Settings

Subsegments:
1) By X-Ray: Portable X-Ray Machines; Mobile X-Ray Units; Digital X-Ray Systems
2) By CT (Computed Tomography): Portable CT Scanners; Mobile CT Units; Cone Beam CT Systems
3) By Ultrasound: Portable Ultrasound Devices; Handheld Ultrasound Systems; Compact Ultrasound Machines

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Which Top Companies are Driving Growth in the POC Medical Imaging Market?
Major companies operating in the POC medical imaging market include GE Healthcare Technologies Inc., Siemens Healthineers AG, Canon Medical Systems Corp., Samsung Medison Co. Ltd., Xoran Technologies LLC, NeuroLogica Corp., Fujifilm Holdings Corporation, Carestream Health Inc., Philips Medical Systems Technologies Ltd., Mindray Medical India Pvt. Ltd., Esaote Biomedica SpA, CurveBeam AI Limited, Planmed Oy, F. Hoffman-La Roche AG, Becton dic*kinson and Company, Toshiba Medical Systems Corporation, Neusoft Medical Systems, Hitachi Medical Systems America Inc., Hologic Inc., Quidel Corporation, Shimadzu Corporation, Opko Health Inc., Roche Diagnostics, Agfa-Gevaert N.V., Konica Minolta Inc., Bracco Imaging S.p.A., Sectra AB, Abbott Laboratories, Danaher Corporation, Butterfly Network Inc.

Which Regions Will Dominate the POC Medical Imaging Market Through 2029?
North America was the largest region in the POC medical imaging market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global POC medical imaging market report during the forecast period. The regions covered in the POC medical imaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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